GMAC RFC
RESIDENTIAL FUNDING SECURITIES
A GMAC COMPANY
The following collateral description is based on a preliminary pool. The
collateral/ rep lines that were modeled for the yield tables are reasonable
approximations of the final pool, based on the preliminary pool. The final pool
will be available in October 2000. All information reported here is subject to a
10% +/- variance on the final collateral pool.
<PAGE>
RFMSI, Inc. 2000-S13
Series: RFMSI, Inc. 2000-S13
Issuer: Residential Funding Mortgage Securities, Inc.
Product: 30 Year Fixed
Structure: Senior/Subordinate
Settlement 10/27/2000
Date:
<TABLE>
<CAPTION>
===================================================================================
Certificate Approximate Approximate Rating
Description Amounts % of Pool Variance Price Talk Agency
-----------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Senior (+/- $ 96.10% +/- 0.50% S&P and Fitch or Moody's
2%) 250,500,000
--------------------------------------------------------------------------------------------------
M-1 $ 2.00% +/- 0.25% S&P or Fitch or Moody's
5,213,319
--------------------------------------------------------------------------------------------------
M-2 $ 0.75% +/- 0.10% S&P or Fitch or Moody's
1,954,995
--------------------------------------------------------------------------------------------------
M-3 $ 0.45% +/- 0.10% S&P or Fitch or Moody's
1,172,997
--------------------------------------------------------------------------------------------------
B-1 $ 0.30% +/-.0.05% S&P or Fitch or Moody's
781,998
--------------------------------------------------------------------------------------------------
B-2 $ 0.20% +/-.0.05% S&P or Fitch or Moody's
521,332
--------------------------------------------------------------------------------------------------
B-3 $ 0.20% +/-.0.05% Unrated
521,332
===================================================================================
</TABLE>
Approximate Collateral
Characteristics :
Gross Coupon: 8.44%
Pass-through 7.75%
Rate:
WAM: 358
WA 75.0%
LTV:
State 45% Max CA
Concentration:
Documentation: 85-90% Full/Alt
Cash-out 7.0%
Refi:
Avg Balance: $355,000
Prepayment 5% Max
Penalty:
Avg FICO: 737
FICO Distribution:
>720 67.9%
680 - 719 22.5%
660 - 679 4.4%
640 - 659 3.4%
620 - 639 1.8%
<620 0.0%
This report has been prepared based on information from sources believed to be
reliable, but its accuracy cannot be guaranteed. Information is unaudited. The
information herein has been provided solely by Residential Funding Securities
Corporation ("RFSC"). Neither the issuer of the certificates nor any of its
affiliates makes any representation as to the accuracy and completeness of this
information which supersedes all information previously provided by RFSC
contained in any collateral term sheets and/or any computational materials
relating to the mortgage pool. This information is preliminary and will be
superseded by the descriptions in the applicable prospectus supplement and by
any other information subsequently filed with the Securities and Exchange
Commission.
<PAGE>
<TABLE>
<CAPTION>
RFMSI, Inc. 2000-S13
Approximate Collateral Profile
--------------------- --------------------
Total Pool Exceptions
--------------------- --------------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
91 - 95 0.00% 0.00% 0.34% 0.17% 0.18% 0.18% 0.34% 1.20% 704.8
81 - 90 0.00% 0.33% 0.83% 0.32% 0.97% 1.12% 3.13% 6.69% 723.3
76 - 80 0.00% 0.56% 1.68% 2.87% 11.66% 6.31% 29.58% 52.65% 737.3
71 - 75 0.00% 0.30% 0.00% 0.76% 2.54% 1.14% 5.96% 10.71% 741.6
66 - 70 0.00% 0.25% 0.21% 0.00% 2.04% 0.83% 5.18% 8.51% 743.9
61 - 65 0.00% 0.11% 0.00% 0.08% 2.05% 1.13% 2.60% 5.97% 734.4
<=60 0.00% 0.20% 0.34% 0.24% 3.08% 1.62% 8.78% 14.26% 744.5
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 1.75% 3.41% 4.43% 22.51% 12.34% 55.56% 100.00% 737.9
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
---------------------
--------------------------------
Full/Alt Doc Loans Only
--------------------------------
---------------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
91 - 95 0.00% 1.20% 704.8
81 - 90 0.00% 6.69% 723.3
76 - 80 0.00% 51.01% 736.8
71 - 75 0.00% 8.06% 740.7
66 - 70 0.00% 6.47% 741.2
61 - 65 0.00% 4.19% 734.6
<=60 0.00% 11.01% 745.0
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 1.75% 3.41% 4.30% 19.07% 10.39% 49.70% 88.63% 737.0
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
---------------------
--------------------------------
Stated Doc Loans Only
--------------------------------
---------------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
91 - 95 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
81 - 90 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
76 - 80 0.00% 0.00% 0.00% 0.00% 0.00% 0.85% 0.80% 1.65% 751.8
71 - 75 0.00% 0.00% 0.00% 0.00% 2.65% 744.1
66 - 70 0.00% 0.00% 0.00% 0.00% 2.05% 752.5
61 - 65 0.00% 0.00% 0.00% 0.00% 1.78% 733.8
<=60 0.00% 0.00% 0.00% 0.13% 3.25% 743.0
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 0.00% 0.00% 0.13% 3.44% 1.95% 5.86% 11.37% 744.8
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
* Exceptions are Fico/LTV exceptions only. * All data is preliminary and is
subject to final pooling.
-------------------------------- ------------
Cashout Refi Loans Only Exceptions
-------------------------------- ------------
--------------------- ------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
91 - 95 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
81 - 90 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
76 - 80 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.43% 0.52% 755.0
71 - 75 0.00% 0.97% 714.4
66 - 70 0.00% 1.29% 730.0
61 - 65 0.00% 0.67% 722.2
<=60 0.00% 1.11% 746.5
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 0.11% 0.21% 0.26% 1.52% 0.52% 1.95% 4.56% 732.4
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
-------------------------------------------
-------------------------------------------
Cashout Refi Loans with Stated
Documentation
-------------------------------------------
-------------------------------------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
91 - 95 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
81 - 90 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
76 - 80 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
71 - 75 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
66 - 70 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.10% 779.0
61 - 65 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 803.0
<=60 0.00% 0.00% 0.00% 0.00% 0.08% 0.12% 0.37% 0.57% 767.9
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 0.00% 0.00% 0.00% 0.08% 0.12% 0.49% 0.69% 770.5
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
---------------------
---------------------
Loan Amount >$650k
---------------------
---------------------
FICO
------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
LTV <620 >=620 <640 >=640 <660 >=660 <680 >=680 <720 >=720 <740 >740 Total WA FICO
--------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
91 - 95 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
81 - 90 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
76 - 80 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
71 - 75 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.28% 0.28% 778.0
66 - 70 0.00% 1.01% 750.4
61 - 65 0.00% 0.31% 715.0
<=60 0.00% 1.47% 741.0
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
Total 0.00% 0.00% 0.00% 0.00% 1.07% 0.00% 1.99% 3.06% 744.9
------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------
</TABLE>
* Exceptions are Fico/LTV exceptions only. * All data is preliminary and is
subject to final pooling.
<PAGE>
